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A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The carrying cost is $0.75 per yard and the demand is 10,000 yards per year. The production facility operates the same days as the retail store is open (i.e. 311 days) and produces 150 yards of the denim cloth per day. Determine:
a) The optimal order size
b) The total inventory cost
c) The length of time to receive an order
d) The number of orders per year
e) The maximum inventory level
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
How do you react to conflict? Do you have a typical style as a leader when dealing with a conflict situation? Complete the Conflict Style Questionnaire. What do the results of the
Matthew Yachts, located in Montauk, Long Island, manufactured sailing yachts of all descriptions. The company had begun by building custom-designed yachts for a largely New York-ba
Type your question here compare and contrast the labour relations system of Canada with that of the U.S. Determine the most significant difference and how it likely impacts the Can
States the numerical flexibility workforce? Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of
Explain today's Transportation unions with examples (trucker, railway, plane).
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Question 1: Describe how ERP systems can achieve business integration Analysis of conventional company information systems with respect to ERP packages examples con
Air travel on Mountain Airlines for the past 18 weeks was: Week Passengers Week Passengers 1 406 10 440 2 410 11 446 3 420 12 451 4 415 13 455 5 412 14 464 6 420 15 466 7 424 16 47
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
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